wbjournal.com | October 2, 2023 | Worcester Business Journal 21
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Notable 2023 mergers & acquisitions
Ranked by sale price, then announcement date ((11))
Buyer Sale price Date announced Seller
1
Waters Corp.
34 Maple St., Milford 01757
508-482-2000 • waters.com
$1.36 billion Feb. 2023
Wyatt Co.
Santa Barbara, Calif.
2
Boston Scientific Corp.
300 Boston Scientific Way, Marlborough 01760
508-683-5670 • bostonscientific.com
$850 million Sept. 2023
Relievant Medsystems
Minneapolis, Minn.
3
Cambridge Trust Co.
1336 Massachusetts Ave., Cambridge 02138
800-876-6406 • cambridgetrust.com
$528 million Sept. 2023
Eastern Insurance Group LLC
Natick (2)
4
Arthur J. Gallager & Co.
2850 Golf Road, Rolling Meadows, Ill. 60008
630-773-3800 • ajg.com
$510 million Sept. 2023
Eastern Insurance Group LLC
Natick (2)
5
Cognex Corp.
1 Vision Drive, Natick 01760
508-650-3000 • cognex.com
$275 million
(3)
Aug. 2023
Moritex
Japan
6
Definitive Healthcare
492 Old Connecticut Path, Framingham 01701
888-307-4107 • definitivehc.com
$52 million Aug. 2023
Populi
Farmington, Conn.
7
Biosynth
Staad, Switzerland
N/A • biosynth.com
$30 million April 2023
Fitzgerald Industries International by Trinity Biotech
Acton
8
ReWalk Robotics Inc.
33 Locke Drive, Marlborough 01752
508-251-1154 • rewalk.com
$19 million Aug. 2023
AlterG
Freemont, Calif.
9
Fidelity Bank (4)
9 Leominster Blvd., Leominster 01453
978-345-4331 • fidelitybankonline.com
N/A Sept. 2023
Cape Cod 5 (4)
Hyannis
10
General Atomics
San Diego, Calif.
858-455-3000 • ga.com
N/A Sept. 2023
EO Vista LLC
Acton
11
Virtusa Corp.
132 Turnpike Road, Suite 300, Southborough 01772
508-389-7300 • virtusa.com
N/A Sept. 2023
Factor Creative LLC
Walnut Creek, Calif.
12
ZRG Partners
69 Milk St., Suite 304, Westborough 01581
508-366-5800 • zrgpartners.com
N/A Aug. 2023
The Registry
Peabody
13
Seceon
238 Littleton Road, Suite 200, Westford 01886
978-923-0040 • seceon.com
N/A Aug. 2023
Helixera
Northborough
14
Albrecht Auto Group
394 Washington St., Woburn 01801
339-645-2330 • albrechtauto.com
N/A Aug. 2023
Westborough Jeep
Westborough
14
Allied Flooring, Paint and Design
350 Main St., Agawam 01001
978-401-4812 • alliedflooringandpaint.com
N/A Aug. 2023
Leominster Floor Covering
Leominster
16
Smith Brothers Insurance
68 National Drive, Glasontbury, Conn. 06033
860-652-3235 • smithbrothersusa.com
N/A July 2023
Rawson & Sons
Worcester
Sources: Crunchbase, U.S. Securities & Exchange Commission filings, press releases and news reports. Note: N/A=not available.
(1) Deals announced or completed by Sept. 21, 2023 were considered for this list.
(2) Cambridge Trust Co. merged with parent company Eastern Bankshares Inc., then Eastern Insurance Group LLC was acquired by Illinois-based Arthur J. Gallagher & Co.
(3) Deal closed for 40 billion yen; approximate U.S. dollar value
(4) Entered into agreement to merge respective mutual holding companies under one multi-bank holding company, Mutual Bancorp, subject to regulatory approval
-Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com
